St. Johns Investment Management Company LLC Trims Holdings in SPDR S&P 500 ETF Trust (SPY)

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St. Johns Investment Management Company LLC cut its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,734 shares of the company’s stock after selling 465 shares during the period. SPDR S&P 500 ETF Trust makes up 4.2% of St. Johns Investment Management Company LLC’s holdings, making the stock its 4th biggest holding. St. Johns Investment Management Company LLC’s holdings in SPDR S&P 500 ETF Trust were worth $4,682,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. James Investment Research Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 2.5% in the 4th quarter. James Investment Research Inc. now owns 1,615 shares of the company’s stock valued at $404,000 after buying an additional 40 shares in the last quarter. Wells Trecaso Financial Group LLC boosted its holdings in shares of SPDR S&P 500 ETF Trust by 1.5% in the 4th quarter. Wells Trecaso Financial Group LLC now owns 2,654 shares of the company’s stock valued at $663,000 after buying an additional 40 shares in the last quarter. Horan Capital Advisors LLC. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 1.5% in the 4th quarter. Horan Capital Advisors LLC. now owns 2,712 shares of the company’s stock valued at $678,000 after buying an additional 40 shares in the last quarter. McQueen Ball & Associates Inc. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 1.3% in the 4th quarter. McQueen Ball & Associates Inc. now owns 3,360 shares of the company’s stock valued at $840,000 after buying an additional 42 shares in the last quarter. Finally, Court Place Advisors LLC boosted its holdings in shares of SPDR S&P 500 ETF Trust by 3.7% in the 4th quarter. Court Place Advisors LLC now owns 1,204 shares of the company’s stock valued at $301,000 after buying an additional 43 shares in the last quarter.

Shares of SPDR S&P 500 ETF Trust stock opened at $281.31 on Friday. SPDR S&P 500 ETF Trust has a 12-month low of $233.76 and a 12-month high of $293.94.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, March 18th will be paid a dividend of $1.2331 per share. This represents a $4.93 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Friday, March 15th.

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SPDR S&P 500 ETF Trust Profile

SPDR S&P 500 ETF Trust (the Trust) is a unit investment trust. The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index (the Index). The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the Index (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.

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Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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